UPDATE: Firings of federal workers begin as White House turns up pressure over shutdown
The Office of Management and Budget said thousands of employees would be fired, though it noted that the funding situation was “fluid and rapidly evolving.”
Associated Press
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Trump suggests calling off Xi meeting after blasting China for restricting rare earths exports
The Republican president suggested that he was looking at a “massive increase” of import taxes on Chinese products in response to Chinese leader Xi Jinping’s moves.
Senators struggle to find way forward as government shutdown enters 9th day
Pressure is growing on congressional leaders to reach a deal as rank-and-file lawmakers become anxious about the lack of progress on ending the shutdown.
California company recalls nearly 245,000 pounds of pasta tied to listeria outbreak
The company recalled thousands of cases of heat-and-eat linguine, fettucine, penne and other pastas sold at grocery stores nationwide.
US opens Tesla probe after more crashes involving self-driving technology
The National Highway Traffic Safety Administration said in a filing dated Tuesday that it has 58 incident reports of Tesla vehicles violating traffic safety laws while operating in full self-driving mode.
Sponsor logos could appear on college uniforms under NCAA proposal
An NCAA committee has proposed a change to rules barring commercial logos on uniforms in a move that would clear the way for sponsor patches to appear on jerseys next year.
NCAA moves closer to allowing college athletes to bet on pro sports
Despite the potential change, the committee emphasized that it doesn’t endorse betting on sports, particularly for student-athletes.
Federal government shutdown grinds into Week 2 as tempers flare at Capitol
Clusters of lawmakers, Republicans and Democrats, are meeting privately, searching for ways out of the impasse, which hinges on striking a deal for preserving health care subsidies.
Fed minutes: Most officials supported further rate cuts as worries about jobs rose
The minutes provide insight into how the Fed’s policymakers were thinking last month about inflation, interest rates, and hiring.
IRS to furlough nearly half its workforce as government shutdown enters second week
The president of the National Treasury Employees Union said taxpayers should expect increased wait times, backlogs and delays implementing tax law changes as the shutdown continues.
Michigan creates extra marijuana tax to fund governor’s plan to ‘fix the damn roads’
The Michigan Senate Fiscal Agency predicted a 14.4% decline in marijuana sales because of the tax.
Trump administration says back pay not certain for federal workers in shutdown
The move by the Republican administration was widely seen as a strong-arm tactic—a way to pressure lawmakers to reopen the government, now in the seventh day of a shutdown.
Gold futures rise above $4,000 per ounce for first time
Gold futures are up about 50% since the start of 2025—trading as high as $4,013 per troy ounce by late morning Tuesday, before falling back just below $4,000 in the early afternoon.
Trump open to extending or changing US-Mexico-Canada trade deal
Canadian Prime Minister Mark Carney met with President Trump at the White House on Tuesday to discuss tariffs.
Bob Ross paintings to be auctioned to support public TV stations after federal funding cuts
Seasons 2 through 31 of the Ross’ beloved show, “The Joy of Painting,” were filmed and produced at WIPB-TV studios in Muncie, Indiana.
Government shutdown threatens to stall recovery in IPO market
The IPO market is on track for its best year since 2021, according to Renaissance Capital.
NASCAR teams urge settlement as trial looms for Michael Jordan’s antitrust suit against series
Teams have gone on record calling for both a settlement and the protection of the charter system that is at the heart of NASCAR’s business model and the focal point of the court fight.
Google’s Play Store shakeup looms after Supreme Court refuses to delay overhaul of monopoly
The rebuff delivered in a one-sentence decision by the Supreme Court means Google will soon have to start an overhaul of its Play Store for the apps running on the Android software.
Republicans, Democrats at impasse as government shutdown enters 6th day
The House is not expected to be in session this week, focusing attention on the Senate to take the lead on any deal in the Republican-led Congress.
Fifth Third Bancorp to buy Comerica for $10.9B in combination of big regional banks
Cincinnati-based Fifth Third is one of the largest banks doing business in the Indianapolis area, with more than $7.2 billion in local deposits, 44 area branches and 348 employees as of June 30, 2024.